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<br />DEED -Of TRUST 1ha
<br />THIS DEED OF TUST ( "Security Instrurnent ") is made con Jmm:. 30,
<br />19 89.Thetrustoris Jerry D. Shalberg and-Susan P. Shalberg, each in his and her own right,
<br />end as spouse of each other (••Bcamwer"). The trustee is Earl D. Ahlechwede, Attorney
<br />( "Trustee"). The beneficiary is
<br />The Equitable Building and Loan Association . which is organized and existing
<br />under the laws of the State of Nebraska . and whose address is 113 -115 North Locust
<br />Street, Grand Island, Nebraska,
<br />Borrower owes Lender the principal sum of Forty 4ix Thousand and no/100 ---------------------
<br />------------ »--------- - - - - -- Dollars (U.S. $ 46 0001.00 ). This debt is.e*tidenced by Borrower's note
<br />dated the sanm dwr as this Security Instrument ( "Note "), which, Vmvides for monthly payrmts, with the full debt, if not
<br />paid earlier. duc-mul psyabke oat July' 1, 2009
<br />This Security h%trument settwes to Lender: (a) the repayment of the debt evidenced by the Note, with interest, and all
<br />renewah, extenskms and modification; (b) the payment of all other sums, with interest, advanced under paragraph 7 to
<br />protect the security of this Security Instrument; and (c) the performance of Borrower's covenants and agreements. For this
<br />Borrower irrevocabl
<br />purpose. y grants and conveys to Trustee, in trust, with power of safe, the following described property
<br />koatedin Hall County, Nebraska:
<br />A tract ofland comprising part of the Southeast, Quarter of the Southeast Quarter (SE:
<br />a SE%) of Section Twaeaty Two (22), Township:Twleae (12) North, Range Ten (10) Nest of
<br />tf Hth PA.,, in Hall County, Nebraske, .mare particularly described as follows:
<br />i
<br />Bginning at; the Sdwtl taast corner of 'said Sedan Twenty Two (22) ; thence Westerly
<br />along the'. Ruth litter of said Section Twenty Tied- (22) , a distance of Seven Hundred
<br />Eighty Orte';(7$1.%' fetz;, thpP.0 defltt*ming right 135 degrees 17' 40" and running
<br />i Wr(sheastefly, a distance of One Thousand One Hundred Ten and Seventeen Hundredths
<br />' t'21110.17),Ieet to East line of said Section Twenty Two (22); thence Southerly 1
<br />Along the East line of said fiction Twenty Two (22), a distance of Seven Hundred
<br />'Eighty One...(781.0) feet to tins ..plane of beginning,
<br />w bastbeaddrmof Rural Route #1, Box 290 Grand Island
<br />1su+•tl tc.yj
<br />Nebraska 68803 Vo COW ( "PrOpeny AddresCk
<br />TtweTHFK WtTH all the improvements now or hereafter erected on the property. and all euetnents, rights,
<br />appnleasac , feats, royalties, mineral, oil and gait riAft and profits, water rights and stock and all fixtures now or
<br />DreeerAa a pet of the prop"ty. All replacements and additions shall also he co,. trod by this Security Irstrument All of the
<br />fiW eeml is rdereed to in this Security Instrument as the "Property."
<br />llcntitowf it that Borrow" is lawfully seised of the e:sta :e hereby conveyed and has the right to grant
<br />and carver the Property and that the "tty is unerrcurnbered. except for encumbrances of record Borrower warrant%
<br />rretd weal deknd grter.`Yally the title to the p'ropert} apm%t all claims and demands. ,,ubwct to anv encumbrances of record
<br />THis Slut lent I%stat.mi%t c�etttxnes uniform co%eriants f,•r national use and r-en•uniform _:j%cn3nis with
<br />rmited raraat14 scrcby;urrsrlestnx) a IL1119 tetuteaunrfiim* xc. untyrrn :rumen:coicnngrealprv;icr:c
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